Gate Crypto Flash News and Market Updates

The U.S. Dollar Index (DXY) gained 0.50% during intraday trading on August 28, reaching 99.62.

BioNTech's American Depositary Receipts fell 11% during intraday trading today, the largest single-session decline since March 10, after the German biotech company terminated a Phase II clinical trial of its experimental personalized mRNA cancer immunotherapy for colorectal cancer patients. Related companies also declined: Merck, which is collaborating with Moderna on a personalized mRNA vaccine for melanoma, fell 1.2%; Moderna dropped 4.3%; and Arcturus Therapeutics, developing personalized can

According to on-chain data tracked by PANews on August 29, a whale running 20x leveraged long positions in Bitcoin and 15x leveraged long positions in Ethereum has reported unrealized gains exceeding $7 million with an investment return rate of 476%. The whale holds 31.31624 BTC and 8,092.4521 ETH across the two positions.

Spot gold declined 2% intraday on August 28, trading at $4,509.55 per ounce.

According to sources, Israeli military forces entered the Golan Heights area near Quneitra in Syria on August 28.

According to European officials, there is no evidence that Russia is preparing a conventional military attack on NATO or Baltic states, contradicting some recent reports. The statement comes as CIA Director John Ratcliffe visits Moscow this week, with the meeting expected to focus on ending the conflict and reaffirming NATO's Article 5 commitments.

IREN shares fell 8.2% to $37.19 in after-hours trading Thursday following the release of its fiscal 2026 results, which reported a $684 million quarterly loss including $450.4 million in asset impairments from retired mining hardware. AI cloud revenue reached $70.5 million in the quarter ended June 30, surpassing Bitcoin mining revenue of $66.7 million for the first time and accounting for 51.4% of total quarterly revenue. Mining revenue declined 40% as IREN converted sites for AI operations. Of

According to ChainCatcher, Ethereum (ETH/USDT) is currently trading at $2,447.83, down 2.99% over the past 24 hours, according to Gate trading data.

According to CNBC reporting and S&P Global analysis, Big Tech's massive artificial intelligence investments are putting pressure on the once-pristine balance sheets of Meta, Amazon, Alphabet and Microsoft. During Q2, Meta's free cash flow plunged 91% year over year as capital expenditure jumped to $31.1 billion, while Alphabet posted its first-ever quarter of cash outflows since going public in 2004 after capex doubled to $44.9 billion. Amazon also entered negative free cash flow territory with

According to the European Space Agency on Thursday, it signed contracts with three European launch startups to support development of small launch vehicles. Rocket Factory Augsburg (developing RFA One) received 186.9 million euros, mainly funded by Germany and the UK. PLD Space (developing Miura 5) received 158.9 million euros, mainly funded by Spain and Germany. Isar Aerospace (developing Spectrum) received 197.8 million euros, mainly funded by Germany with contributions from Austria and Norway

According to the Kremlin, Russian President Vladimir Putin will attend the Shanghai Cooperation Organization (SCO) summit from August 31 to September 1.

According to the Kremlin, Russian President Vladimir Putin will meet with Turkish President Recep Tayyip Erdogan on September 1, according to the International News Agency (ITAR-TASS).

Spot silver fell below $68 per ounce on August 28, declining 1.82% during the day.

According to Justice Minister Waldemar Żurek, Radosław Piesiewicz, president of the Polish Olympic Committee, was detained on Aug. 27 in connection with an investigation into Zondacrypto, a collapsed cryptocurrency exchange that served as the official sponsor of Poland's 2026 Winter Olympics team. Prosecutors plan to press criminal charges against Piesiewicz. The probe centers on allegations that Zondacrypto CEO Przemysław Kral provided Piesiewicz with lavish gifts, including a luxury watch valu

According to an Aug. 28 announcement, French Bitcoin treasury company Capital B raised €21.0 million ($24.5 million) through private share placement at €0.58 per bundled unit, which includes one share and four share-subscription warrants. The fundraise saw participation from legendary cypherpunk Adam Back and asset manager TOBAM. Capital B plans to deploy the proceeds to acquire 270 Bitcoin, bringing its total holdings to 3,415 BTC, making it the 29th largest publicly traded Bitcoin treasury com

According to CoinMarketCap, Ethena (ENA) surged 9.11% to $0.1724 today, leading gainers among the top 100 cryptocurrencies by market cap. OFFICIAL TRUMP (TRUMP) rose 6.67% to $2.79, followed by Stacks (STX) up 3.28% to $0.2659.

According to the International Monetary Fund and recent economic data, global economic resilience in the face of geopolitical tensions and supply disruptions is being sustained primarily by artificial intelligence-driven demand. IMF Managing Director Kristalina Georgieva noted this week that AI is emerging as a "growth engine for the global economy," offsetting negative supply shocks from Middle East conflicts. Asian exports reflected this momentum in July: China's exports rose 25% year-over-yea

The Philadelphia Semiconductor Index fell 3.00% today to 11,525.68. NVIDIA declined 2.89%, while Intel dropped 2.37%, AMD fell 1.90%, Broadcom slipped 0.98%, Micron decreased 1.47%, Qualcomm dipped 1.43%, ASML fell 1.41%, and TSMC declined 1.21%.

Bank of England Governor Andrew Bailey stated that artificial intelligence will cause dual supply and demand shocks to the UK economy. Bailey did not provide specific details or timing for these projected impacts in the statement.